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Property values are one the increase
- March 4, 2011
- Posted by: admin
- Category: Enconomy, House prices, Interest rate, Wealth
No CommentsNew home sales grew modestly last month, suggesting the property market is on track for a full recovery.According to the latest Housing Industry Association – JELD-WEN New Home Sales Report, the number of new homes sold increased by 2.5 per cent in January 2011. Detached house sales increased by 2.2 per cent while the sale
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New home sales drop further
- January 6, 2011
- Posted by: admin
- Category: Enconomy, House prices, Interest rate
The number of new homes sold fell slightly in November as the RBA’s cash rate hike bit down on home buyers. New home building conditions weakened considerably over the second half of 2010 and the November rate hikes rubbed further salt into the wound. I think new home building activity looks set to decline across